Paymetric Continues to Drive Strong Business Growth

Payments Security Leader Poised for Continued Growth and Innovation in 2013

ATLANTA--(BUSINESS WIRE)--Paymetric, Inc., the leading provider of integrated and secure enterprise payment acceptance solutions, today announced a year of record company growth for 2012. Paymetric’s Software as a Service (SaaS) subscription fee revenue grew by 66 percent year-over-year (2011-2012) and 2012 also marked another record year for sales growth.

“As businesses face the challenge of enabling new secure payment channels such as mobile and eCommerce, Paymetric offers secure payment management solutions that serve at the epicenter of it all”

The company’s continued year-over-year performance success is fueled by the increasing need among enterprise level merchants to manage the complexities around payments. “As businesses face the challenge of enabling new secure payment channels such as mobile and eCommerce, Paymetric offers secure payment management solutions that serve at the epicenter of it all,” said Asif Ramji, president and CEO, Paymetric.

In response to industry need, Paymetric plans to launch a suite of new products in 2013 to provide enhanced security solutions, payment optimization services and new payment processing opportunities.

“It’s critical that, even as we grow exponentially, we continue to push ourselves to innovate and create new solutions for our customers and partners to leverage, allowing them to better manage their business. The new suite of offerings, which we’ll announce later this year, will provide an unmatched level of products and services to fit our customers’ needs,” continued Ramji.

ABOUT PAYMETRIC

Paymetric, Inc. is the leading provider of integrated and secure electronic payment acceptance solutions that enable companies to streamline the order-to-cash process, reduce the scope and financial burden of achieving PCI compliance and improve return on electronic payment acceptance. Paymetric’s solutions support virtually every type of electronic payment in any enterprise system where payment is accepted. Paymetric is a recognized industry leader and is a three-time award-winning SAP partner. The company is also included on the Technology Association of Georgia’s Top 40 companies list. Visit www.paymetric.com for additional information.